Bawumia condemns Mahama over redenomination exercise

Bawumia condemns Mahama over redenomination exercise

Dr Mahamudu Bawumia, the New Patriotic Party (NPP)’s vice-presidential candidate, launched a blistering attack on President John Mahama on Tuesday, accusing him of engaging in propaganda.

Bawumia condemns Mahama over redenomination exercise

Dr Mahamudu Bawumia

It comes after the president, who was speaking at a campaign rally, called on him to disclose how much was spent in redenominating the cedi in 2007.

A few hours after Mahama spoke, Bawumia shared a 2007 story on Facebook which stated that the Bank of Ghana (BoG) spent $66 million on the redenomination exercise.

He then proceeded to accuse the president of incompetence, saying that apart from "the fact" that BoG disclosed the cost of the exercise in 2007, if the President really wanted to find out the cost, he could simply have asked his vice-president who was BoG governor at one point.

He said Mahama had also been the head of government’s Economic Management Team between 2009 and 2012.

“Such petty propaganda should be beneath someone of the stature of a President. It is clear he is very poorly briefed, but when a President decides to join the bandwagon of propaganda , he only ends up embarrassing himself,” he said.

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